Annual Report 2013 - Department of Economics

ANNUAL
REPORT
2013
Department of Economics
ANNUAL
REPORT
FOR
2013
Department of Economics
ANNUAL REPORT for the period of 01.01.2013 – 31.12.2013
Department of Economics
Address
Department of Economics, University of Vienna
Oskar-Morgenstern-Platz 1
1090 Vienna
Telefon: [+43] 1-4277-37404
Fax: [+43] 1-4277-9374
E-mail: [email protected]
2
CONTENTS
Foreword
4
Executive Summary
5
Organization, Faculty and Staff
6
Student Intake and Theses completed
12
Publications
Refereed journals
15
Working papers
16
Dissemination of research
In the media
22
Workshops
23
Current research grants
25
Seminars
26
Report of activities by the individual member
30
Impressum
37
3
FOREWORD
This report gives an overview of the activities of the Economics
Department at the University of Vienna in the calendar year 2013.
The year 2013 has seen less dramatic changes in the composition
of the department of economics than the years before. Still, two of
our highly valued tenured professors have left, Gerhard Clemenz
and Peter Rosner. Peter has been head of the department for many
years, while Gerhard had served many years as Chair of the
University Senate. In addition, one of our post-docs, Christian
Roessler left to take a job in the USA. We are currently in the
process of filling all three positions. Two new department members arrived this autumn:
Matan Tsur arrived from New York University to start a 6 year post doc position, while
Katrin Rabitsch is replacing Gerhard Clemenz for one year.
In terms of our educational programs, this year has seen the start of a refurbished
masters program in English. The first cohort of new students is now under way and it will
be interesting to see how the new structure influences both the quantity and quality of
new student cohorts.
According to the Handelsblatt ranking we continue to be the top department in Austria as
far as research publications are concerned and one of the top ten institutions in the
German-speaking area in the field.
One important change for our department in the year 2013 has been the move to our
new building. Where in the past years, the department was split between a central
location (Hohenstaufengasse) and a suburban location (Brünner Straße), the department
is now united in one completely renovated building at the newly named OskarMorgenstern-Platz. With this new location a long-term wish of the department has been
fulfilled.
With all the changes that have been implemented in the last years, the department is
now a vibrant place for both teaching and research with many lively seminars. Moreover,
there are many research and social interactions between colleagues.
Our goal is to achieve and maintain excellence in both research and teaching. The
current report provides a snapshot of what we have been doing in 2013 to achieve these
goals.
Maarten Janssen
Head of Department
4
EXECUTIVE SUMMARY
Personnel (by the end of 2013):



31 full-time faculty of which 9 full professors, 5 associate professors, 1 visiting
professor and 16 assistant professors
8 full-time administrative staff
About two dozen external lecturers, tutors and teaching assistants (all part time)
Fields of research (alphabetical order):
Competition policy, Econometrics, Economics & Psychology, Economics & Sociology,
Economic Theory & Mathematical Economics, Environmental Economics, Experimental
Economics, Financial Economics, Game Theory & Applications, Growth & Development,
History of Economic Thought & Philosophy of Economics, Imitation & Learning, Industrial
Organization, Information Economics, International Economics, Labor Economics,
Macroeconomics, Microeconomics, Pricing, Public Economics & Political Economy
Research and publications
Our research is documented in 14 Working Papers and 21 journal articles, many of which
appeared in high-profile journals such as European Economic Review, Games and
Economic Behavior, Journal of the European Economic Association, Journal of Public
Economics, Journal of Risk and Uncertainty.
Dissemination of research and exchange of ideas
The Department had more than 100 academic visitors over the year and our faculty
made a similar number of trips to visit researchers in other departments and to present
their research at conferences and workshops. We organized two regular research
seminars in which 46 speakers presented their research and two conferences and one
workshop (with an additional 73 invited speakers).
We also strive to disseminate our research to the public, contribute to public debate,
interviews and public speeches of our faculty. For example, authors have expressed their
personal views in 13 Articles in the Media.
Teaching
Our faculty has taught dozens of classes at all levels. Student intake in 2013 was 243 at
the Bachelor Level, 98 at the Master level, and 9 at the PhD level. At the undergraduate
level, about half of our students are Austrian, about a third is female. We congratulate
the 22 Master students who completed their Master’s thesis and the 4 students who
completed their PhD thesis.
Administration and Services to the profession
Faculty members have contributed much of their time and effort to administration of the
Department, the faculty and other (internal and external) institutions. We have
extensively served as referees, editors and the like to promote the scientific discourse.
5
ORGANIZATION, FACULTY AND STAFF
Organization
Head of Department:
Maarten Janssen
Deputy Head of department:
Wieland Müller
Deputy Director of studies:
Karl Schlag
Deputy Director of graduate studies:
Maarten Janssen
Ana-Begona Ania-Martinez served as Vice-Dean of the Faculty
Incoming faculty
Katrin Rabitsch holds a PhD from European University Institute and joined us as a
visiting professor. Her main research interests are in International Macroeconomics &
Finance, Business Cycles, Open Economy Macroeconomics, Monetary Economics.
Matan Tsur holds a PhD from New York University and joined us as an assistant
professor. His main research interests are in Microeconomic Theory, Contract Theory,
Financial Economics, Behavioral Economics.
Leaving faculty
Christian Roessler was employed as assistant professor at our Department from Oct 1,
2011 – June 1, 2013. His main research interests are in Economic Theory & Mathematical
Economics, Industrial Organization. He accepted a position as associate professor at the
Department of Economics at the California State University, East Bay. We congratulate!
Gerhard Clemenz was employed as Professor at our Department from March 1, 1995 February, 28, 2013. His main research interests are in Competition Policy, Environmental
Economics, Industrial Organization, International Economics.
Peter Rosner was employed as Associate Professor at our Department from September
1, 1974 – September 20, 2013. His main research interests are in History of Economic
Thought & Philosophy of Economics, Public Economics & Political Economy.
6
Thank you, Gerhard Clemenz and Peter Rosner
Prof. Gerhard Clemenz has retired with the end of the Winter Semester 2012/13. He was
born in Vienna in 1949 and obtained his doctoral degree (1981)
and his Habilitation (1986) from the University of Vienna. He also
holds an M.A. in Development Economics from the University of
East Anglia (1975). In 1990, he was appointed full Professor of
Economics at the University of Regensburg, and in 1995 he joined
our Department. As one of three additional Economics professors
who were appointed in the context of the newly founded Business
school (BWZ), he played an important role in shaping this recent
institution of the university. Later, from 2003 – 2009, Gerhard
Clemenz also served as chairman of the Academic Senate of the
University of Vienna.
He has published widely in the areas of international trade,
environmental economics, and industrial economics. These fields
were also the main focus of his teaching, both in the Economics
and in the Business departments. In recent years his research has focused mainly on the
economics of competition. He was a member of the Economic Advisory Group on
Competition Policy at the DG Competition of the European Union, and was (and still is)
frequently involved in the proceedings of the Austrian Cartel-Court. He has visited many
foreign universities as a teacher or researcher; e.g. in 1992 the Free University of Berlin
as a visiting professor for “International Monetary Economics” (Stiftungsprofessur der
Deutschen Bundesbank), in 1999 the Haas School at U.C. Berkeley, or in 2011/12 the
Kennedy School of Government at Harvard (as a senior fellow).
Ao. Prof. Peter Rosner has retired with the end of the Summer
Semester 2013, but continues to teach some courses in the
Economics curriculum. He was born in 1948 and obtained his
doctoral degree (1981) and his Habilitation (1988) at the
University of Vienna. His two main fields of research (and also the
focus of his teaching) were (and are) History of Economic Thought
and Applied Economic Theory, particularly Social Policy. He has
published several books and numerous articles in scholarly
journals, and has also occasionally joined the public debate in the
press. As chairman of the relevant committee, he was a decisive
force in creating a modern Economics curriculum at the University
of Vienna. His unpretentious character and diplomatic skill made
him a successful Department Head in the later years of his tenure.
The department is very grateful for the service that Gerhard and Peter have done to the
University of Vienna in general and the department in particular. We are also proud that
they have taken up our invitation to remain active in research and/or teaching and still
regularly come to the department after their retirement. We hope that we may continue
to see both of them in many years to come.
Maarten Janssen and Manfred Nermuth
7
List of Fulltime Faculty (in alphabetical order, research interests indicated)
Ana-Begona Ania-Martinez, assoc. prof.
Experimental Economics, Financial Economics, Game Theory & Applications, Imitation &
Learning, Information Economics, Microeconomics
Pedro Bom, ass. prof.
Econometrics, Macroeconomics, Public Economics & Political Economy
Alejandro Cunat, prof.
Financial Economics, Growth & Development, International Economics, Macroeconomics
Harald Fadinger, ass. prof.
Growth & Development, Industrial Organization, International Economics,
Macroeconomics
Daniel Garcia, ass. prof.
Game Theory & Applications, Industrial Organization, Information Economics
Theresa Grafeneder-Weissteiner, ass. prof.
Growth & Development, International Economics, Macroeconomics
Maarten Janssen, prof.
Competition Policy, Economics & Sociology, Game Theory & Applications, Industrial
Organization, Information Economics, Microeconomics, Pricing
Melis Kartal, ass. prof.
Public Economics & Political Economy
Robert Kunst, prof.
Econometrics, Macroeconomics
Francesco Lancia, ass. prof.
Growth & Development, Macroeconomics, Public Economics & Political Economy
Karin Mayr, ass. prof.
Growth & Development, International Economics, Labor Economics, Public Economics &
Political Economy
Monika Merz, prof.
Macroeconomics , Labor Economics
Karl Milford, assoc. prof.
History of Economic Thought & Philosophy of Economics
Wieland Müller, prof.
Competition Policy, Economics & Psychology, Experimental Economics, Game Theory &
Applications, Industrial Organization, Microeconomics
Manfred Nermuth, prof.
Economic Theory & Mathematical Economics, Information Economics, Microeconomics
8
Konrad Podczeck, assoc. prof.
Economic Theory & Mathematical Economics, Game Theory & Applications,
Microeconomics
Owen Powell, ass. prof.
Experimental Economics, Behavioral Economics, Economic Growth
Katrin Rabitsch, visiting professor
International Macroeconomics & Finance, Business Cycles, Open Economy
Macroeconomics, Monetary Economics
Heiko Rachinger, ass. prof.
Econometrics, Macroeconomics
Kunibert Raffer, assoc. prof.
Growth & Development, Public Economics & Political Economy
Karl Schlag, prof.
Econometrics, Economic Theory & Mathematical Economics, Experimental Economics,
Game Theory & Applications, Imitation & Learning, Industrial Organization,
Microeconomics, Pricing
Sandro Shelegia, ass. prof.
Game Theory & Applications, Industrial Organization, Microeconomics, Pricing
Joshua Sherman, ass. prof.
Competition Policy, Industrial Organization, Microeconomics, Pricing
Natalia Shestakova, ass. prof.
Experimental Economics, Industrial Organization
Gerhard Sorger, prof.
Economic Theory & Mathematical Economics, Game Theory & Applications, Growth &
Development, Macroeconomics
Mariya Teteryatnikova, ass. prof.
Game Theory & Applications, Microeconomics
James Tremewan, ass. prof.
Economics & Psychology, Experimental Economics, Public Economics & Political Economy
Matan Tsur, ass. prof.
Microeconomic Theory, Contract Theory, Financial Economics, Behavioral Economics
Jean-Robert Tyran, prof.
Economics & Psychology, Economics & Sociology, Experimental Economics, Labor
Economics, Microeconomics, Public Economics & Political Economy
Katharina Wick, ass. prof.
Environmental Economics, Game Theory & Applications, Growth & Development,
Microeconomics, Public Economics & Political Economy
9
Assisting & Visiting Staff
Tutors
External lecturers
Berger Michael
Alexander Rabas
Dammerer Quirin
Baltzarek Franz
Guttmann Therese
Birer Gürkan
Hartl Anton
Christopher Nell
Kerschbaumer Florentin
Dierker Hildegard
Krapfenbauer Mario
Foster-McGregor Neil
Lechinger Vanessa
Holzner Mario
Nasui Cezara-Liana
Honda Jun
Reiss Miriam
Hrdina Thomas
Reiter Sarah
Jiang Ming-Jin
Sarah Reiter
Luchini Stephane
Sator Georg
Mahlich Jörg
Scheuch Christoph
Mahmudiev Yordan
Stelzeneder Dominik
Majher Pavol
Tschopp Daniel
Michalitsch Gabriele
Wagner Tanja
Nautz Jürgen
Zechner Marius
Schratzenstaller Margit
Zessner-Spitzenberg Leopold
Silgoner Maria Antoinette
Spitzer Florian
Teaching assistants
(Studienassistenten)
Streißler Erich
Teschl Miriam
Holaubeck Karl
Weigel Wolfgang
Kolesnik Michael
Krysowski Eryk
Krapfenbauer Mario
Khalil Makram
Sator Georg
Duchateau Kristin
Kolm Julian
Emeriti
Das Sabyasachi
Dierker Egbert
Mueller Dennis
10
PhD Students
The following persons are employees of the University (internally or externally funded).
Das, Sabyasachi
Funovits, Bernd
Garbers, Hendre
Honda, Jun
Kasberger, Bernhard
Kerndler, Martin
Khalil, Makram
Kolm, Julian
Krysowski, Eryk
Nell, Christopher
Nikolic, Milica
Mahmudiev, Yordan
Majher, Pavol
Mişcişin, Ion
Molnárová, Zuzana
Obradovits, Martin
Quevedo, Fernando
Rabas, Alexander
Sen, Ali
Sobolev, Anton
Spitzer, Florian
Administrative Staff
Sylvie Hansbauer
(Financial Administration, Student & Faculty Support, i3V & Univis
System)
Annemarie Kellner
(e-Learning, Student & Faculty Support, i3V & Univis System)
Andreas Öller
(IT support)
Elisabeth Polster
(Course-Coordination, PhD-Economics Program, Erasmus
Outgoing/Incoming, Student & Faculty Support, i3V & Univis
System)
Gabriele Prochaska
(General administrative support)
Elizabeth Raab
(Student & Faculty Support, i3V & Univis System)
Sandra Weißenböck (Webmaster, i3V & Univis System, Project Administration, Student &
Faculty Support, e-Learning, Research Activities Documentation)
Heide Marie Wurm
(i3V & Univis System, Student & Faculty Support, Project
Administration, u:cris)
11
STUDENT INTAKE AND COMPLETED THESES
Student intake in 2013 was about 350 (243 at the Bachelor Level, 98 at the Master level,
and 9 at the PhD level). At the undergraduate level, about half of our students are
Austrian, about a third is female. Total enrollment in 2013 was about 650 students. In
particular, enrollment in the Bachelor program was 454 (summer term) and 425
(winter); in the Master program 184 (summer) and 186 (winter); in the PhD program 46
(summer) and 51 (winter).
We congratulate the 22 Master students who completed their Master’s thesis and the 4
students who completed their PhD thesis.
Master’s theses
Name
First name
Title
Supervisor
BRUGGER
Thomas
Klaus
Is M&A activity in the pharma
industry an answer to excess
capacity?
JANSSEN, Maarten
DAVERVELDT
Floris
Agglomeration Forces and
Competitiveness in the European
Manufacturing Industry.
FOSTERMcGREGOR, Neil
FRIEDL
Reinhard
A Fundamental Analysis of the
Viennese Housing Market
FOSTERMcGregor, Neil
GARDOCKA
Anna
Determinants of Fixed Exchange
Rate Regime
NERMUTH,
Manfred
HERGOVICH
Sven
Der Nettobeschäftigungseffekt von
Green Jobs am Beispiel Österreich
WEIGEL,
Wolfgang
KANITSAR
Georg
Social Preferences in Voting on
Redistribution
KARTAL, Melis
KEMPER
Johanna
Mirka
Trade Imbalances in the
European Monetary Union. An
Analysis of the Demand for
Intra- and Extra-European
Imports and Exports with
Special Focus on Austria and
the Netherlands.
FOSTERMcGREGOR, Neil
KRABB
Philipp
Informational Content of the Yield
Curve and the Crisis
KUNST, Robert
KRYSOWSKI
Eryk
Strictly proportional random voting
mechanisms without dummy voters
JANSSEN,
Maarten
12
LALEVA
Mila
Why the Propositions of Behavioral
(Law and) Economics Should be
Considered in the Process of
Renewable Energy Regulation and
Policy Making.
WEIGEL, Wolfgang
LASTER
Daphne
Channa
Calculating Terror: A Game
Theoretic Approach to HostageTaking
JANSSEN, Maarten
LORENZ
Hanno
An Economic Evaluation of the Alert
Mechanism Report
SILGONER, MariaAntoinette
MARUSZCZAK
Markus
The Role of Export Promotion
Programs: Increasing growth
through exporting
CLEMENZ,
Gerhard
OBERHAUSER
Sophie
Duration analysis of unemployment
spells in the Austrian labor market
using linked employer-employee
data
UYSAL, Selver
Derya
OLSZEWSKI
Adam
The Role of Consumption Channel
in Transmission of the NonKeynesian Effects of Fiscal Policy.
The Evidence for Italy
FOSTERMcGREGOR, Neil
PAPRSEK
Miriam
Arbeitsmarktentlastung in der Krise
durch verordnete Kurzarbeit.
WEIGEL,
Wolfgang
REITER
Oliver
The sector bias of skill-biased
technical change in recent decades
STEHRER, Robert
REITZINGER
Stephanie
Gender-Based Taxation in Austria.
A Microsimulation Analysis
FENT, Thomas
RIEFF
Joe
Culture, Institutions and
Cooperation
POWELL, Owen
SCHÖNLEITNER
Nataliya
The possibility of implementing
dynamic pricing in low income
countries: a case study on the
Ukrainian electricity market
SHESTAKOVA,
Natalia
WILDAUER
Rafael
Long Run Effects of Monetary Policy
on the German Economy.
FOSTERMcGREGOR, Neil
ZAWOJSKA
Ewa
Analysis of Demographic and
Economic Factors Influencing Life
Satisfaction of Polish People
FOSTERMcGREGOR, Neil
13
Phd Thesis
Name
First Name
Title
Supervisor
ABDULLAEV
Umidjon
Essays on Labor Dynamics and
Monetary Policy in Emerging
Economies
SORGER, Gerhard
& GEHRIG-MERZ,
Monika
BRUNHART
Andreas
Economic Growth and Business
Cycles in Liechtenstein Econometric Investigations
Considering the Past, Present, and
Future
KUNST, Robert &
SCHLAG, CarstenHenning
HOLL
Jürgen
Stochastic Unit-Root Models in
Economics - Essays on Testing,
Estimating and Forecasting
KUNST, Robert &
RESCHENHOFER,
Erhard
YAN
Miaomiao
Essay in Econometrics
KUNST, Robert &
ZULEHNER,
Christine
14
PUBLICATIONS
Refereed journals
Cuñat, Alejandro, with Breinlich, Holger, (2013), Geography, Non-Homotheticity, and
Industrialization: A Quantitative Analysis, Journal of Development Economics, 103, issue
1, p. 133-153.
Cuñat, Alejandro, with Fons-Rosen, Christian, (2013), Relative Factor Endowments and
International Portfolio Choice, Journal of the European Economic Association,11, issue 1,
p. 166-200.
Grafeneder-Weissteiner, Theresa, with Prettner, Klaus, (2013), Agglomeration and
Demographic Change, Journal of Urban Economics, 74, issue 1, p. 1-11.
Janssen, Maarten, with Parakhonyak, Alexei, (2013), Consumer Search Markets with
costly Re-visits, Economic Theory, published online June 2013.
Janssen, Maarten, with Parakhonyak, Alexei, (2013), Price Matching Guarantees and
Consumer Search, International Journal of Industrial Organization, 31, issue 1, p. 1-11.
Mayr, Karin, (2013), Immigration and Voting on the Size and the Composition of Public
Spending, FinanzArchiv/Public Finance Analysis, 69, issue 2, p. 135-147.
Mueller, Dennis, (2013), The State and Religion, Review of Social Economy, 71, issue 1,
p.1-19.
Mueller, Dennis, with Gugler, Klaus, Peev, Evgeni, and Segalla, Esther, (2013),
Institutional Determinants of Domestic and Foreign Subsidiaries’
Performance,International Review of Law and Economics, 34, issue 1, p. 88-96.
Mueller, Dennis, with Gugler, Klaus, and Peev, Evgeni, (2013), Determinants of Ultimate
Control of Large Firms in Transition Countries: Empirical Evidence, Journal of Institutional
and Theoretical Economics, 169, issue 2, p. 275-303.
Müller, Wieland, and Tan, Fangfang, (2013), Who acts more like a Game Theorist? Group
and Individual Play in a Sequential Market Game and the Effect of the Time
Horizon, Games and Economic Behavior, 82, issue 1, p. 658-674.
Nermuth, Manfred, with Pasini, Giacomo, Pin, Paolo, and Weidenholzer, Simon, (2013),
The Informational Divide, Games and Economic Bahavior, 78, issue 1, p. 21-30.
Podczeck, Konrad, with Greinecker, Michael, (2013), Liapounoff’s Vector Measure
Theorem in Banach Spaces and Applications to General Equilibrium Theory, Econ Theory
Bull, 1, issue 2, p. 157-173.
Roessler, Christian, (2013), On Distance Metrics in Location Problems. Economic
Inquiry, 51, issue 1, p. 1087-1099.
15
Schlag, Karl, with Van der Weele, Joel, (2013), Eliciting Probabilities, Means, Medians,
Variances and Covariances without Assuming Risk Neutrality. Theoretical Economics
Letters, 3, p. 38-43.
Schlag, Karl, with Galbiati, Roberto and Van der Weele, Joel, (2013), Sanctions that
Signal: An Experiment. Journal of Economic Behavior & Organization, 94, issue 1, p. 3451.
Schlag, Karl, with Gossner, Olivier, (2013), Finite-sample exact tests for linear
regressions with bounded dependent variables. Journal of Econometrics, 177, issue 1, p.
75–84.
Sorger, Gerhard, with Mitra, Tapan, (2013), On Ramsey's Conjecture, Journal of
Economic Theory, 148, issue 5, p. 1953-1976.
Sorger, Gerhard, with Pichler, Paul, and Niemann, Stefan, (2013), Central Bank
Independence and the Monetary Instrument Problem, International Economic
Review, 54, issue 3, p. 1031-1055.
Sorger, Gerhard, with Stark, Oded, and Wang, Yong, (2013), Migration and Dynamics:
How a Leakage of Human Capital Lubricates the Engine of Economic
Growth, International Review of Economics and Finance, 28, issue 1, p. 26-37.
Sorger, Gerhard, with Pichler, Paul and Niemann, Stefan, (2013), Public Debt,
Discretionary Policy, and Inflation Persistence, Journal of Economic Dynamics and
Control, 37, issue 6, p. 1097-1109.
Sorger, Gerhard, with Stark, Oded, (2013), Income Redistribution Going Away: The
Reversal Power of the Concern for Relative Deprivation, Journal of Economic Behavior
and Organization, 86, issue 1, p. 1-9.
Tyran, Jean-Robert, with Cappelen, Alexander, Nielsen, Ulrik, Sørensen, Erik and
Tungodden, Bertil, (2013), Give and Take in Dictator Games, Economics Letters,118,
issue 2, p. 280-283.
Vida, Peter, with Buenrostro, Lucia and Dhillon, Amitra, (2013), Scoring Rule Voting
Games and Dominance Solvability, Social Choice and Welfare, 40, issue 2, p. 329-352.
Working Papers
"Mergers in Bidding Markets,"
Janssen, Maarten & Karamychev,
Vladimir
Tinbergen Institute Discussion Papers
revenue. We also study the incentives of
bidders to merge given the private
information they have. We develop two
models, depending on how after-merger
valuations are created. In the first,
single-aspect model, the valuation of the
merged firm is the maximum of the
valuations of the two firms engaged in
the merger. In the multi-aspect model, a
Abstract:
We analyze the effects of mergers in
first-price sealed-bid auctions on bidders'
equilibrium bidding functions and on
16
bidder's valuation is the sum of two
components and a merged firm chooses
the maximum of each component of the
two merging firms. In the first model, a
merger creates incentives for bidders to
shade their bids leading to lower
revenue. In the second model, the nonmerging firms do not shade their bids
and revenue is actually higher. In both
models, we show that all bidders have
an incentive to merge.
"Risk Aversion Relates to Cognitive
Ability: Fact or Fiction?,"
Andersson Ola & Holm, Håkan J. &
Tyran, Jean-Robert & Wengström, Erik
Discussion Papers
Abstract:
Recent experimental studies suggest
that risk aversion is negatively related to
cognitive ability. In this paper we report
evidence that this relation might be
spurious. We recruit a large subject pool
drawn from the general Danish
population for our experiment. By
presenting subjects with choice tasks
that vary the bias induced by random
choices, we are able to generate both
negative and positive correlations
between risk aversion and cognitive
ability. Structural estimation allowing for
heterogeneity of noise yields no
significant relation between risk aversion
and cognitive ability. Our results suggest
that cognitive ability is related to random
decision making rather than to risk
preferences.
"Gaming in Combinatorial Clock
Auctions,"
Janssen, Maarten & Karamychev,
Vladimir
Tinbergen Institute Discussion Papers
Abstract:
Combinatorial Clock Auctions (CCAs)
have recently been used around the
world to allocate spectrum for mobile
telecom licenses. CCAs are claimed to
significantly reduce the scope for gaming
or strategic bidding. This paper shows,
however, that CCAs facilitate strategic
bidding. Real bidders in telecom markets
are not only interested in the spectrum
they win themselves and the price they
pay for that, but also in raising rivals’
cost. CCAs provide bidders with excellent
opportunities to do so. High auction
prices in recent auctions in the
Netherlands and Austria are probably to
a large extent due to the CCA format.
Bidding under a budget constraint is also
a highly complicated gaming exercise in
a CCA.
"Deciding for Others Reduces Loss
Aversion,"
Andersson Ola & Holm, Håkan J. &
Tyran, Jean-Robert & Wengström, Erik
Discussion Papers
Abstract:
We study risk taking on behalf of others,
both with and without potential losses. A
large-scale incentivized experiment is
conducted with subjects randomly drawn
from the Danish population. On average,
decision makers take the same risks for
other people as for themselves when
losses are excluded. In contrast, when
17
losses are possible, decisions on behalf
of others are more risky. Using structural
estimation, we show that this increase in
risk stems from a decrease in loss
aversion when others are affected by
their choices.
price competition to monopolistic
markets and markets where prices are
exogenously fixed (somewhere between
the endogenous oligopoly and monopoly
prices). While oligopolies benefit
consumers regardless of whether prices
are fixed or endogenously chosen, we
find that price competition lowers
efficiency as consumers pay too little
attention to reputation for quality. This
provides empirical support to recent
models in behavioral IO that assume
that consumers may with increasing
complexity of the market place focus on
selected dimensions of products (see, for
example, Spiegler 2006).
"Second Thoughts on Free Riding,"
Nielsen, Ulrik H. & Tyran, Jean-Robert &
Wengström, Erik
Discussion Papers
Abstract:
We use the strategy method to classify
subjects into cooperator types in a largescale online Public Goods Game and find
that free riders spend more time on
making their decisions than conditional
cooperators and other cooperator types.
This result is robust to reversing the
framing of the game and is not driven by
free riders lacking cognitive ability,
confusion, or natural swiftness in
responding. Our results suggest that
conditional cooperation serves as a norm
and that free riders need time to resolve
a moral dilemma.
"Risking Other People’s Money:
Experimental Evidence on Bonus
Schemes, Competition, and
Altruism,"
Andersson, Ola & Holm, Håkan J. &
Tyran, Jean-Robert & Wengström, Erik
Working Paper Series
Abstract:
We study risk taking on behalf of others
in an experiment on a large random
sample. The decision makers in our
experiment are facing high-powered
incentives to increase the risk on behalf
of others through hedged compensation
contracts or with tournament incentives.
Compared to a baseline condition
without such incentives, we find that the
decision makers respond strongly to
these incentives that result in an
increased risk exposure of others.
However, we find that the increase in
risk taking is mitigated by altruistic
preferences and pro-social personality
traits.
"Price Competition and Reputation
in Markets for Experience Goods: An
Experimental Study,"
Huck, Steffen & Lünser, Gabriele K. &
Tyran, Jean-Robert
Discussion Papers
Abstract:
We experimentally examine the effects
of price competition in markets for
experience goods where sellers can build
up reputations for quality. We compare
18
"Aggregation and Labor Supply
Elasticities,"
Kneip, Alois & Merz, Monika &
Storjohann, Lidia
CEPR Discussion Papers
Abstract:
The aggregate Frisch elasticity of labor
supply has played a key role in business
cycle analysis. This paper develops a
statistical aggregation procedure which
allows for worker heterogeneity in
observables and unobservables and is
applicable to an individual labor supply
function with non-employment as a
possible outcome. Performing a thought
experiment in which all offered or paid
wages are subject to an unanticipated
temporary change, we can derive an
analytical expression for the aggregate
Frisch elasticity and illustrate its main
components: (i) the intensive and
extensive adjustment of hours worked,
(ii) the extensive adjustment of wages,
and (iii) the aggregate employment rate.
We use individual-specific data from the
German Socio-Economic Panel (SOEP)
for males at working-age in order to
quantify each component. This data base
provides indirect evidence on nonemployed workers' reservation wages.
We use this variable in conjunction with
a two-step conditional density estimator
to retrieve the extensive adjustment of
hours worked and wages paid. The
intensive hours' adjustment follows from
estimating a conventional panel data
model of individual hours worked. Our
estimated aggregate Frisch elasticity
varies between .63 and .70. These
results are sensitive to the assumed
nature of wage changes.
"Tariffs, Trade and Productivity: A
Quantitative Evaluation of
Heterogeneous Firm Models,"
Breinlich, Holger & Cuñat, Alejandro
CEPR Discussion Papers
Abstract:
We examine the quantitative predictions
of heterogeneous firm models à la Melitz
(2003) in the context of the Canada - US
Free Trade Agreement (CUSFTA) of
1989. We compute predicted increases in
trade flows and measured productivity
across a range of standard models and
compare them to the post-CUSFTA
increases observed in the data. Our
results point to a fundamental problem
which most models we analyse face:
predicted increases in measured
productivity are too low by an order of
magnitude relative to predicted increases
in trade flows. Thus, most models are
inherently incapable of simultaneously
matching trade and productivity
reactions to freer trade, raising doubts
about the accuracy of the quantitative
predictions of a large number of workhorse models in the literature. Using a
multi-product firm extension of our
baseline model as an example, we show
that allowing for within-firm productivity
increases has the potential to reconcile
model predictions with the data.
19
"What We Miss By Missing Data: Aid
Effectiveness Revisited,"
Breitwieser, Anja & Wick, Katharina
Vienna Economics Papers
members. The explanation we provide
for this result rests on two observations:
(i) players should only stop if they are
sufficiently confident that their partner
will stop at the next node, given the
exponentially-increasing payoffs in the
game, and (ii) players are more likely to
have this degree of certainty if they are
matched with someone from the same
group, whom they view as similar to
themselves and thus predictable. We find
strong statistical support for this
argument. We conclude that group
identity not only impacts a player's utility
function, as identified in earlier research,
but also affects her reasoning about her
partner's behavior.
Abstract:
Missing data is a major problem in
empirical development economics, as it
may entail efficiency losses as well as
biased results. This is an issue within the
literature that investigates the effect of
foreign aid on welfare. Using multiple
imputation techniques, we address these
problems and find lower aid effectiveness
than previous studies suggest. In
addition, imputation allows for
comparison of different welfare
indicators within the same framework.
We find that if aid effectiveness is
evaluated based on such indicators, the
respective indicator choice can matter
for the results.
"Information Provision in
Procurement Auctions, "
Garcia, Daniel & Coleff, Joaquim
Vienna Economics Papers
Abstract:
We analyze the optimal provision of
information in a procurement auction
with horizontally differentiated goods.
The buyer has private information about
her preferred location on the product
space and has access to a costless
communication device. A seller who pays
the entry cost may submit a bid
comprising a location and a minimum
price. We characterize the optimal
information structure and show that the
buyer prefers to attract only two bids.
Further, additional sellers are inefficient
since they reduce total and consumer
surplus, gross of entry costs. We show
that the buyer will not find it optimal to
send public information to all sellers. On
the other hand, she may profit from
setting a minimum price and that a
severe hold-up problem arises if she
lacks commitment to set up the rules of
the auction ex-ante.
"Social Centipedes: the Impact of
Group Identity on Preferences and
Reasoning,"
Le Coq, Chloe & Tremewan, James &
Wagner, Alexander K.
Vienna Economics Papers
Abstract: Using a group identity
manipulation we examine the role of
social preferences in an experimental
one-shot centipede game. Contrary to
what social preference theory would
predict, we find that players continue
longer when playing with outgroup
20
"Austrian-style Gasoline Price
Regulation: How it may Backfire,"
Obradovits, Martin
MPRA Paper
"A Dynamic Politico-Economic Model
of Intergenerational Contracts,"
Lancia, Francesco & Russo, Alessia
Vienna Economics Papers
Abstract:
In January 2011, a price regulation was
established in the Austrian gasoline
market which prohibits firms from raising
their prices more than once per day.
Similar restrictions have been discussed
in New York State and Germany. Despite
their intuitive appeal, this article argues
that Austrian-type policies may actually
harm consumers. In a two-period
duopoly model with consumer search, I
show that in face of the regulation, firms
will distort their prices intertemporally in
such a way that their aggregate
expected profit remains unchanged. This
implies that, as some consumers find it
optimal to delay their purchase due to
expected price savings, but find it
inconvenient to do so, a friction is
introduced that decreases net consumer
surplus in the market.
Abstract:
This paper proposes a dynamic politicoeconomic theory of intergenerational
contracts, whose driving force is the
intergenerational conflict over
government spending. Embedding a
repeated probabilistic voting setup in a
standard OLG model with human capital
accumulation, we find that the
empowerment of elderly constituencies is
key in order to enforce productive
policies. The paper characterizes the
Markov-perfect equilibrium of the voting
game, as well as the welfare properties.
The main results are: (i) the existence of
a Markov-perfect equilibrium which
attains a growth- enhancing
intergenerational contract does not
require pre-commitment through the
establishment of long-lasting
institutions; (ii) the political
sustainability of the intergenerational
contract relies solely on the politicoeconomic fundamentals that are payoffrelevant for future constituents; (iii) the
implementation of pork-barrel transfers
does not necessarily crowd out
productive public investment; and, (iv)
the greater the degree of
intergenerational conflicts over the
government spending, the lower the
inefficiency.
21
DISSEMINATION OF RESEARCH
In the Media
Economic thinking can be applied to many issues and economists offer advice and
opinions to a broad range of topics. Below we list recent contributions to dissemination of
research, public debate, interviews and public speeches of our faculty. Authors express
their personal views.
Konsumenten bezahlen
den Mangel an
Wettbewerb
Maarten
Janssen
Game Theory &
Applications
201310-29
derStandard
Las crisis de Grecia y
Argentina:
paralelismos y
diferencias
Kunibert
Raffer
Public
Economics &
Political
Economy
201310-09
condistintosacentos
Wirtschaften im Labor
Jean-Robert
Tyran
Economics &
Psychology
201309-27
uni:view
Spiel und Wirklichkeit:
Wann wird kooperiert?
Maarten
Janssen
Economics &
Sociology
201309-27
uni:view
Predicting the effects
of regional trade
agreements: Can
heterogeneous firm
models help?
Alejandro
Cunat
and Holger
Breinlich
International
Trade
201309-07
voxeu.org
Der kleine Wurf
Peter Rosner
Public
Economics &
Political
Economy
201306-24
diePresse
Radiointerview zum
Thema: IWF gesteht
Fehler bei
Griechenland-Rettung
ein
Kunibert
Raffer
Public
Economics &
Political
Economy
201306-06
Schweizer Radio und
Fernsehen (SRF)
Schaffen Institutionen
Vertrauen?
Florian Spitzer
and JeanRobert Tyran
Economics &
Psychology
201304-19
University – Society –
Industry
Wiener Ökonom:
Eurokrise ist noch
nicht vorbei
Kunibert
Raffer
Public
Economics &
Political
Economy
201304-11
Finanzen.at
In Zypern ist man in
einer wahnsinnig
dummen Weise
vorgegangen
Kunibert
Raffer
Public
Economics &
Political
Economy
201304-11
Format.at
22
Griechenland und die
Notwendigkeit einer
Staatsinsolvenz
Kunibert
Raffer
Lew's Treasury
transition
Monika Merz
Sinn und Saldo
Peter Rosner
Public
Economics &
Political
Economy
Macroeconomics
201302-01
Ökonomenstimme
201301-11
Deutsche Welle
Public
Economics &
Political
Economy
201301-04
diePresse
Workshops & Conferences
QED Conference – May 3-4, 2013
Organized by: Manfred Nermuth
Participants:
Guido Maretto (NOVA School of Business and Economics Lisbon)
Students: Claudia Alves, Erica Marujo, Luis Carvalho
Noemi Pace (U Venice)
Students: Luis Aranda, Maddalena Cavicchioli
Peter Erling Nielsen (U Copenhagen)
Christian Schultz (U Copenhagen)
Students: Andreas Noack Jensen, Line Ekner Elvstrøm, Damoun Ashournia
Kees Jan van Garderen (U Amsterdam, Amsterdam School of Economics)
Student: Rutger Poldermans, Thomas Makarewicz
Carmen Herrero (U Alicante)
Antonio Villar (Pablo de Olavide University)
Giovanni Ponti (U Alicante)
Students: Miguel Angel Borrella, Mihály T. Borsi
Vito Polito (Cardiff University, Cardiff Business School)
Students: Loranth Kaszab, Wenna Lu, Ashley Nanton
Andreas Szczutkowski (U Bielefeld)
Students: Christopher Gertz, Nikolai Brandt
Bertrand Wigniolle (U Paris Sobonne)
Students: Xin Zhao, Sheng Bi, Léontine Goldzahl, Stéphane Gonzalez
Manfred Nermuth (U Vienna)
Students: Yordan Mahmudiev, Sabyasachi Das, Ion Miscisin
23
XXII European Workshop on General Equilibrium Theory
May 31-June 2, 2013
Organized by: Konrad Podczeck and Heide Marie Wurm; Co-organizer: IHS
Speakers:
Kwangwon Ahn (U Oxford)
Julio Dávila (Core)
M. Udara Peiris (ICEF)
Javier Hervés‐Estévez (U Vigo)
Emma Moreno‐García (U Salamanca)
Egbert Dierker (HIS)
Tomoki Inoue (Meiji U)
Monica Patriche (U Bucharest)
Francesco Ruscitti (John Cabot U)
Lukasz Balbus (U Zielona Góra)
Carlo Strub (U St.Gallen)
Juan Enrique Martínez‐Legaz (U Autònoma de Barcelona)
John K.‐H. Quah (U Oxford)
Marta Faias (U Nova de Lisboa)
Kostas Koufopoulos (U Warwick)
Tarishi Matsuoka (Tokyo Metropolitan U)
Nizar Allouch (Queen Mary U London)
Maria Gabriella Graziano (U Napoli Federico II)
Jaehong Kim (U Basel)
Nguyen Thang Dao (Core)
Mario Tirelli (U Rome III)
Frederik Stefan Herzberg (U Bielefeld)
Zhiwei Liu (U Urbana‐Champaign)
Xiangyu Qu (U Cergy)
Tourky Rabee (U Queensland)
M. Ali Khan (Johns Hopkins U)
Pawel Dziewulski (U Oxford)
P. Jean‐Jacques Herings (Maastricht U)
Felix Kübler (U Zürich)
Filippo Massari (U New South Wales)
Jan Werner (U Minnesota)
Florin Bidian (Georgia State U)
Pham Ngoc Sang (U Paris I)
Lionel de Boisdeffre (U Paris I)
Sebastián Cea‐Echenique (U de Chile)
Michael Zierhut (WU Vienna)
Omer Edhan (U Manchester)
Dmitry V. Levando (HSE Moscow)
Klaus Ritzberger (IAS Vienna)
24
Workshop in Behavioral Public Economics
September 19-20, 2013
Organized by: Jean-Robert Tyran and Rupert Sausgruber (WU)
Invited Speakers:
Daniel Chen (ETH Zurich)
David Gill (U Oxford)
Guillaume Fréchette (NYU)
Martin Kocher (U Munich)
Thomas Markussen (U Copenhagen)
Ragan Petrie (George Mason U)
Louis Putterman (Brown U)
Moses Shayo (Hebrew U)
Carmit Segal (U Zurich)
Other participants:
Tamás Csermely
Diana Gaspari
Berhard Kittel
Alexander Rabas
Nadine Schmid-Greifeneder
Florian Spitzer
Thomas Stephens
Matan Tsur
Alexander Wagner
Adam Zylbersztejn
Current research grants
The Evolution of Norms and Conventions in Economics
WWTF Project, 2009 - 2013
(Contact persons: Maarten Janssen with Simon Weidenholzer and Josef Hofbauer)
Temporary Migration, Integration and the Role of Policies (TEMPO)
NORFACE Project, 2010 – 2013
(Contact person: Karin Mayr)
The Evolution and Stability of Social Norms and Conventions
Wiener Wissenschaft und Technologie Fund (WWTF), period 2010-2013
(Contact person: Maarten Janssen)
Vienna Graduate School of Economics
Austrian Science Fund (FWF), period 2010-2013
(Contact person: Maarten Janssen)
International Trade, Resource Abundance, Development and Production
Structures
FWF Project, 2011 – 2014
(Contact person: Alejandro Cunat)
25
Experimental Labor Economics
NFN Network, 2011 – 2014
(Contact person: Jean-Robert Tyran)
Experimental Markets with Search Frictions and Network Externalities
Norwegian Research Council, 2012 – 2015
(Contact person: Jean-Robert Tyran)
Migration, Population Aging and Agglomeration
Heinrich Graf Hardegg’sche Stiftung, 2013-2014
(Contactperson: Theresa Grafeneder-Weissteiner)
FIW Cooperation Project
Bundesministerium für Wirtschaft, Familie und Jugend, 2013 – 2018
(Contact person: Alejandro Cunat)
Seminars
Vienna Joint Economic Seminar
(joint with IHS)
January 10
Marcus Hagedorn (IHS)
Identifying Neutral Technology Shocks in Models with Heterogeneous Inputs
January 24
Claudio Campanale (University of Alicante)
Life-Cycle Portfolio Choicewith Liquid and Illiquid Financial Assets
January 31
Andy Schotter (New York University)
On Blame and Reciprocity: Theory and Experiments
March 7
Manuel Mueller-Frank (Nuffield College and University of Oxford)
Does one Bayesian make a Difference?
March 14
Tore Ellingsen (SSE Stockholm)
Civic Capital in Two Cultures: The Nature of Cooperation in Romania and USA
March 21
Larry Blume (Cornell University and IHS)
Welfare, Paternalism and Market Incompleteness
April 11
Philipp Schmidt-Dengler (U Mannheim)
Competition in Treasury Auctions
26
April 18
Peter Karadi (European Central Bank)
Large Shocks in Menu Cost Models
April 25
Maarten Janssen (U Vienna)
Non-reservation Price Equilibria and Consumer Search
May 2
Alexander Ludwig (University of Cologne)
Optimal Progressive Taxation and Education Subsidies in a Model of Endogenous
Human Capital Formation
June 6
Nabil Al Najjar (Northwestern University)
A Bayesian Framework for Precautionary Action and Knightian Uncertainty
June 13
Georg Nöldeke (U Basel)
Investment and Matching
June 20
Manuel Santos (University of Miami)
Ergodic Invariant Measures for Non-optimal Dynamic Economies
June 27
Klaus Adam (U Mannheim)
Optimal Sovereign Default
October 10
Andrew Chesher (UCL)
Limited Information Econometrics Paper: "Generalized Instrumental Variable Models"
Filip Matejka (CERGE-EI, Prague)
Attention Discrimination: Theory and Field Experiments
October 24
Frank H. Page (Indiana University)
Approximable Discounted Stochastic Games and Stationary Markov Equilibria
Roman Sustek (Queen Mary, University of London)
Mortgages and monetary policy
November 7
Jacob Goeree (UZH)
Noisy Introspection in the 11-20' Game
Jean Marc Robin (Sciences Po)
The Macro-dynamics of Sorting between Workers and Firms
November 21
David K. Levine (WUSTL)
Conflict, Evolution, Hegemony, and the Power of the State
27
Karl Schlag (University of Vienna)
Exact Nonparametric Binary Choice and Ordinal Regression Analysis
December 5
Dov Samet (Tel Aviv University)
“Non-Bayesian rationality" based on "Weakly Dominated Strategies: A Mystery
Cracked" and "Non-Probabilistic Correlated Equilibrium as an Expression of NonBayesian Rationality”
Martin Cripps (UCL)
Queues and Strategic Experimentation
VCEE-Seminar
January 18
Antonio Mastrogiorgio (U Rom)
Slow and fast thinking: what can Embodied Cognition reveal?
Johann Graf Lambsdorff (U Passau)
Sticky Reasoning in Experimental Macroeconomics
March 8
Andrew Clark (PSE)
The Value of Diplomacy: Bilateral Relations and Immigrant Well-Being
March 15
Florian Morath (MPI Munich)
Alliances in the shadow of conflict
Julia Martins (WU)
The Influence of Ethics Training and Income on Cooperation and Tax Morale – An
Experimental Analysis
April 12
Dasa Katreniakova (CERGE-EI)
Information, Aspiration and Incentives to Learn: A Randomized Field Experiment in
Uganda?
Eryk Krysowski (VGSE)
Anonymity and Social Norms
May 17
Fangfang Tan (Max-Planck Institute Munich)
“Success breeds success" or "Pride goes before a fall"?
Jonathan Schulz (U Nottingham)
Strategic deterrence as a driver for overconfidence
June 12
Jianying Qiu (Radboud U Nijmegen)
Valuation with multiple priors: Experimental evidence
28
June 14
Ulrik Nielsen (U Copenhagen)
The Long-Term Impact of Parents on their Offspring's Other-Regarding Preferences
Frédéric Schneider (U Zürich)
Fear of Commitment: Voluntary Long-Term Interaction and Cooperation
June 28
Alexander Rabas (U Vienna)
Comparison of Risk Elicitation methods
Thomas Alexander Stephens (U Vienna)
Who Trusts and Who is Trustworthy? Evidence from a Large-Scale Internet Experiment
Adam Zylbersztejn (PSE)
Learning, words and actions: experimental evidence on coordination improving
information
October 18
Julia Müller (U Rotterdam)
Bargaining Under Uncertainty: An Experiment with Unstructured Communication
Stephane Luchini (GREQ AM)
Truth-telling oath experiments
November 15
Elena Cettolin (Tilburg University)
Justice under Uncertainty
Peter Katuscak (CERGE-Prague)
Does Financing of Public Goods by Lotteries Crowd Out Pro-Social Incentives?
December 10
Andreas Nicklisch (U Hamburg)
Strategic Choice for Redistribution and the Veil of Ignorance: Theory and Experimental
Evidence
December 13
Sebastian Fehrler (U Zürich)
How Transparency Kills Information Aggregation (And Why That May Be A Good Thing)
Florian Schütt (Tilburg U)
Transparency in markets for experience goods: experimental evidence
29
REPORT OF ACTIVITIES BY THE INDIVIDUAL MEMBER
(in alphabetical order, by last name)
Ana-Begona ANIA-MARTINEZ
Other activities and affiliations


Academic services: Vice Dean of the Faculty of Business, Economics, and
Statistics (U Vienna)
Refereeing: Journal of Sports Economics, Journal of Economic Dynamics and
Control, Mathematical Reviews
Pedro BOM
Presentation of research results
 Research seminars: U of Barcelona (Spain)
Other activities and affiliations

Refereeing: Macroeconomic Dynamics, Review of Public Finance
Alejandro CUNAT
Presentation of research results


Conferences: CESifo-Delphi Conference “The Economics of Firm Exporting”
(Munich, Germany); Banque de France Conference “Globalization and labor
market outcomes: recent advances” (Paris, France); Essex Trade Workshop
(Colchester, England)
Research seminars: Copenhagen Business School (Denmark); U Bayreuth
(Germany)
Other activities and affiliations


Research grants: FWF, Einzelprojekt: “International Trade, Resource
Abundance, Development and Production Structures”, 2011 – 2014;
Bundesministerium für Wirtschaft, Familie und Jugend: “FIW Cooperation
Project”, (partner institutions: WIFO, WIIW, JKU Linz, U Vienna, Vienna
University of Economics and Business), 2013 – 2018
Refereeing: Academic journals: Economica, Economic Theory, Empirical
Economics, Journal of Development Economics, Journal of the European
Economic Association, Journal of International Economics, Regional Science and
Urban Economics, 2013 Meeting of the European Economic Association (Milan,
Italy): Program committee member
Thesis Committees: Katharina Noussi, U of Vienna, Political Science
Research Fellow: CES-ifo (Ifo Institute, Center for Economic Studies, Munich);
of CeFiG (Center for Firms in the Global Economy, Budapest)
Research visit at U de Valencia (Spanien): 15.02.2013 – 22.02.2013.

Affiliations: Expert for the FIW (Forschungsschwerpunkt Internationale


30
Wirtschaft) Experts Network; Associate Faculty of VGSE (Vienna Graduate
School of Economics)
Theresa GRAFENEDER-WEISSTEINER
Presentation of research results

Conferences: Annual Meeting European Economic Association (Gothenburg)
Other activities and affiliations



Research Grant: Heinrich Graf Hardegg’sche Stiftung (2013-2014), Project
“Migration, population aging and agglomeration”
Refereeing: Journal of International Trade and Economic Development
Research Project Participation: Member of Working Group 1 of the COST Action
IS1104 - The EU in the new economic complex geography, 2012 – 2016
Maarten JANSSEN
Presentation of research results



Research seminars: Erasmus Institute for Philosophy and Economics
(Rotterdam), Vienna Joint Economics Seminar, U Cologne,
Conferences: IV workshop on Consumer Search and Switching Cost (Moscow),
ESEI conference on Market Design (Zürich), ESEM conference (Gothenburg), U
of St. Gallen
Public lecture: CCA Auctions, Talk for Dutch Economic Policy Makers, CPB, The
Hague; Higher School of Economics (Moscow)
Other activities and affiliations





Research grant: FWF (2010-2013) for Vienna Graduate School of Economics
and WWTF (2010-2014)
Academic services: Head of department, Speaker Vienna Graduate School of
Economics, Member Scientific Committee EARIE 2013 Conference, Member
International Scientific Council London School of Economics – ICEF (Higher
School of Economics (Moscow)
Conference Organization: IV workshop on Consumer Search and Switching Cost
(Moscow)
Refereeing: American Economic Journal: Microeconomics, American Economic
Review, Economic Journal, Journal of Industrial Economics, Review of Economic
Studies
Other: Advising T-Mobile in Telecom Auction in Czech Republic
Melis KARTAL

Research seminars: Ecole Polytechnique (Paris), Karlsruhe Institute of
Technology(Germany)
31
Robert KUNST
Presentation of research results

Conferences: Nordic Econometric Meeting (Bergen, Norway); European Meeting
of Statisticians (Budapest, Hungary); Royal Statistical Society (Newcastle,
United Kingdom); Computational and Financial Econometrics (London, United
Kingdom)
Other activities and affiliations


Editorial Tasks: Editor: Empirical Economics; Associate Editor: Journal of
Developing Areas
Refereeing: Agricultural Economics; Journal of Agricultural Science; British
Journal of Economics, Management & Trade; Empirica; Empirical Economics;
Czech Science Foundation; Deutsche Forschungsgemeinschaft
Karin MAYR
Presentation of research results


Research seminars: U of Reading, U of Innsbruck, U of Frankfurt, Vienna
Graduate School of Economics (VGSE)
Conferences: Birthplace diversity and productivity spill-overs in firms (Royal
Economic Society Annual Conference, Royal Holloway, London and TEMPO
Migration Conference, Nottingham); Return migration and illegal immigration
control (Austrian Economic Association (NOeG); Annual Meeting, Innsbruck and
NORFACE Migration Conference, Berlin; Occupation-specific immigration quotas
in political equilibrium (Public Economic Theory (PET) Annual Conference,
Lisbon)
Other activities and affiliations



Research grant: NORFACE Research Programme: “Temporary Migration,
Integration and the Role of Policies” (PI Giovanni Facchini), 2009-2013
Refereeing: Journal of the European Economic Association, Journal of
Comparative Economics, Review of Development Economics, Economic Journal
Professional organizations: Royal Economic Society, European Economic
Association, Austrian Economic Association, The Austrian Center for Labor
Economics and the Analysis of the Welfare State, European Migration Network
at the International Organisation for Migration (IOM)
Monika MERZ
Presentation of research results



Public lecture: Österreichischer Wissenschaftstag der Österreichischen
Forschungsgemeinschaft, Semmering
Conferences: 15th IZA / CEPR European Summer School of Labor Economics,
Buch a. Ammersee; Cologne Workshop on Macroeconomics, Schloss Gracht
Research seminars: U Aarhus (Denmark)
32
Other activities and affiliations











Research Fellow: Institut zur Erforschung der Zukunft der Arbeit (IZA), Bonn;
Center for Economic Policy Research (CEPR), London
Member: Euro Area Business Cycle Dating Committee of the CEPR, London
Korrespondierendes Mitglied der historisch-philosophischen Klasse der
Österreichischen Akademie der Wissenschaften (ÖAW), Wien
Member organizational committee, European Workshop in Macroeconomics,
London School of Economics
Member of PhD committee: Felix Wellschmied (U Bonn), Umid Abdullaev (U
Wien)
Member Habilitationskommission: Paul Pichler (U Vienna)
Academic Services at U Vienna: Chair Curriculare AG reform of master studies
in economics; Member of board „PhD program and doctoral degree program in
business, economics, and statistics“; member hiring committee tenure track
position in macroeconomics; member hiring committee professorship “Industrial
Organization / International Economics”
Academic services external: Member hiring committee „Chair in
Macroeconomics“, EUI, Florence; Member of Panel, Danish Research Council,
Copenhagen
Refereeing: American Economic Review; Deutsche Forschungsgemeinschaft;
Empirical Economics; Review of Economic Studies (multiple)
Uni:docs Förderprogramm: Interviews with Mr. Gary Bird and Mrs. Dora
Djuraeva
8. Wiener NobelpreisträgerInnenseminar: Moderation of discussion panel with
Prof. Finn Kydland, UC Santa Barbara, USA
Wieland MÜLLER
Presentation of research results


Conferences: Invited talk at the 1st ESSEXLab Experimental Workshop at U of
Esssex, UK
Research seminars: U Linz, U Konstanz, U Tilburg
Other activities and affiliations





Other Affiliation (part time): U Tilburg, Department of Economics (Full
Professor)
Research fellow at VCEE (Vienna, Co-Director), CentER (Tilburg), TILEC
(Tilburg), ENCORE (Amsterdam)
Member of selection committee: (EARIE, Évora), Verein für Socialpolitik 2013
Academic Services at U Vienna: Member Curricularen AG reform of master
studies in economics, Chair hiring committee professorship “Industrial
Organization/International Economics”
Refereeing: Econometrica, European Economic Review, Games, Games and
Economic Behavior, International Economic Review, Journal of Economic
Behavior and Organization, Journal of Economic Psychology, Management
Science, Review of Economic Studies, Review of Industrial Organization,
Theoretical Economics
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Konrad PODCZECK
Presentation of research results
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Conferences: 13th SAET Conference on Current Trends in Economics (Paris); VII
Workshop on Economic Theory (Vigo, Spain)
Other activities and affiliations
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Conference Organization: XXII European Workshop on General Equilibrium
Theory, Vienna
Research fellow: Fellow of SAET (Society for the Advancement of Economic
Theory)
Editorial tasks: Associate Editor of “Economic Theory"
Member of PhD committee: Luís Carvalho (NOVA, Lissabon, Portugal)
Refereeing: Economic Theory, Games and Economic Behavior, Journal of
Economic Theory
Owen POWELL
Presentation of research results
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Research seminars: U Granada
Conferences: Experimental Finance (Tilburg)
Kunibert RAFFER
Presentation of research results
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Research seminars: U of London; U Nacional del Sur
Conferences: Bad Boll (Germany), U de Buenos Aires; Meetings of U Buenos
Aires, Argentinian Embassy and of Ibero-american institute (Berlin); U of
Texas; 9th UNCTAD Debt Management Conference
Lectures: Keynote Lecture: “FSB and Sovereign Insolvency”, Workshop on
Financial Stability Board, Basel; PhD Seminar Lecture: “The EU’s Crisis”
Other activities and affiliations
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Professional organizations: U Nacional de Río Negro, Argentinia; Senior
Associate of New Economics Foundation, London; Member of the Sovereign
Insolvency Study Group of the International Law Association
Editorial Tasks: Member of Editorial Board: European Journal of Development
Research; Zagreb International Review of Economics & Business; Entelequia –
Revista Interdisciplinar; Ekonomska Misao i Praxsa, Dubrovnik (Croatia);
Journal of Stock & Forex Trading; Journal of Global Entrepreneurship Research;
Member of the editorial office: Journal für Entwicklungspolitik (Vienna);
Academic Services at U Vienna: Member of the works council; Alternate
member of the Senate; Security Designee at the Department of Economics
Refereeing: Journal of Development Studies, Journal of Stock & Forex Trading,
Journal of Global Entrepreneurship Research, Review of Ethics and International
Affairs
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Joshua SHERMAN
Presentation of research results
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Research seminars: U Linz
Other activities and affiliations

Refereeing: Economic Inquiry
Gerhard SORGER
Presentation of research results
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Conferences: Concepts and methodologies in the field of intertemporal choices
(Messerli Research Institute, Vienna); Instability and Public Policies in a
Globalized World (GREQAM, Marseille); Society for the Advancement of
Economic Theory, annual meeting (Paris)
Other activities and affiliations
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Editorial tasks: Associate Editor: Journal of Economic Dynamics & Control,
Studies in Nonlinear Dynamics and Econometrics, Journal of Economics
Refereeing: Chaos, Dynamic Games and Applications, Economic Theory,
Macroeconomic Dynamics, Economic Journal, Journal of Economic Theory
Mariya TETERYATNIKOVA
Presentation of research results
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Research seminars: U Innsbruck, U Oxford (Nuffield College), U Grenoble 2, U
of Essex, U Vienna.
Other activities and affiliations
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Refereeing: Games and Economic Behavior, Journal of Industrial Economics,
Regional Science and Urban Economics, Scandinavian Journal of Economics,
Social Choice and Welfare
Member of Habilitation committee: Paul Pichler (U Vienna)
Visiting Research fellow at Department of Economics, U of Essex (Colchester,
UK)
James TREMEWAN
Presentation of research results
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Research seminars: Masaryk U, Stockholm Institute of Transition Economies
(SITE)
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Lecture series: International School of Economics at Tbilisi State U (Georgia),
Karaganda State Technical U (Kazakhstan)
Other activities and affiliations

Refereeing: European Journal of Political Economy
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Matan TSUR
Presentation of research results
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Research seminars: New York U, U of Pittsburgh , Hebrew U of Jerusalem, Ben
Gurion U, U of Haifa, The Interdisciplinary Center- Herzliya, IHS (Vienna)
Other activities and affiliations

Refereeing: American Economic Review, Games and Economic Behavior
Jean-Robert TYRAN
Presentation of research results
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Research seminars: U Hamburg, U Heidelberg, U Lausanne,
Wissenschaftszentrum Berlin (WZB, Berlin)
Conferences: “Lessons from running experiments on iLEE”, at workshop
Foundations of Social Preferences (U Zurich); “Emergence of institutions: Selforganisation for collective action”, Brisbane Club Meeting (Vienna);
“Cooperation and Institutions”, (WU Vienna)
Other activities and affiliations
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Research grant: Norwegian Research Council: “Experimental Markets with
Search Frictions and Network Externalities” (joint with Leif Helland and Espen
Moen), 2012-15; National Research Network 103, subproject: “Experimental
Investigation of Labor Markets” (joint with Rupert Sausgruber), 2011-14
Research fellow: CEPR (Center for Economic Policy Research, London), EPRU
(Economic Policy Research Unit, Copenhagen), The Choice Lab (NHH Bergen,
Norway), CAMA (Center for Applied Macroeconomic Analysis, Australian
National U), VCEE (Vienna, Co-Director). Part-time professor at U Copenhagen
Professional organizations: Board of the Society for the Advancement of
Behavioral Economics (SABE), iv.future.lab (Think tank of the Federation of
Austrian Industries)
Conference Organization: workshop “Behavioral Public Economics” with R.
Sausgruber (Vienna)
Editorial tasks: Associate Editor: Judgment and Decision Making, Journal of
Socio-Economics; Editorial Board: Experimental Economics, European Journal of
Political Economy
Member of PhD committee: U Heidelberg, U Padova
Academic services at U Vienna: Chair habilitation committee of Karin Mayr (U
Vienna)
Academic services external: Examiner for tenure (U Laval)
Refereeing: American Economic Journal - Policy, Econometrica, Economic
Journal, Economics Letters, European Journal of Political Economy,
Experimental Economics, Journal of Economic Behavior and Organization,
Journal of Experimental Political Science, Management Science, Review of
Economic Studies; Institutions (assessment of research proposals): U Bozen,
Swiss National Science Foundation (SNF)
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IMPRESSUM
Herausgeber
Institut für Volkswirtschaftslehre
Universität Wien
Oskar-Morgenstern-Platz 1
1090 Wien
econ.univie.ac.at
Redaktion
Jean-Robert Tyran, Sandra Weißenböck
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